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    101-105.5 State St Madison, WI 53703

    For Sale
    $4,900,000

    Office(s),Retail - Madison, WI

    Property size:
    8,903 SF
    Lot size:
    0.05 Acres
    Days on Market:
    272
    Last Refresh:
    Dec 13 at 5:06 pm

    Property Features for 101-105.5 State St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    DC
    APN
    070923101011
    Interior features
    Other
    Size
    8,903 SF
    Lot size
    0.05 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1864
    Floors in Building
    4
    Building materials
    Brick
    Roof type
    Rubber
    Architectural style
    Other

    RE/MAX Lakeside (414) 967-0506 [email protected]

    Listing agent Steven Caylor (414) 327-7020 License #84436-94

    Listing date Mar 17, 2025

    MLS# 1905484 Listing URL

    Copyright © 2025 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Landmark Mixed-Use Building For Sale

    This four-story landmark building is located steps away from the state capital. The property features three storefronts and one office space on the ground floor. Above, there are eight fully occupied residential apartments with long-term tenants. The property offers an investment opportunity due to its location, historical charm, and full occupancy. The building has a total area of 8,903 square feet and is situated on a 0.05-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Map

    City
    Madison
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.386052
    Latitude
    43.074727

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    FAQs

    What type of property is this?
    Mixed-use property - Four-story mixed-use building with retail, office, and residential units.
    Where is this mixed-use property located?
    The property is located at 101-105.5 State St Madison, WI.
    What is the asking price?
    The asking price for this property is $4,900,000.
    What are key features of this property?
    This property features: - Prime location steps from the state capital.; - Fully occupied with 8 residential apartments and 4 commercial spaces, providing consistent rental income.; - Historical charm as a landmark building built in 1864.
    (414) 327-7020
    Request Owner's contact information
    101-105.5 State St Madison, WI 53703
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    101-105.5 State St Madison, WI 53703
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